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Flash Note – UMW (ADD, maintain) - Positive earnings flag - record unit sales for Toyota




Affin Hwang Investment Bank Bhd


14 Jan 2013





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Newsflow – 2012 Toyota sales hits record high The media reported that Toyota unit sales in 2012 expanded by 10% yoy to 106,619 units. This suggests Toyota chalked up a 17% market share (2011: 14.5%) in Malaysia’s 2012 total industry volume (TIV) estimates of 618,000 units. The actual December unit sales are expected to be released end of this week.

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